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2202, 2017

Divorce Versus Legal Separation: Which Is Kinder On Your Finances?

By |February 22nd, 2017|Financial, XPC|1 Comment

It’s a sad fact of life that some married couples just can’t reconcile their differences. But does that mean they have to get a divorce? Currently, there are a couple of different options available to couples who are going through difficult times. One is to go through with a full-blown divorce, with all the legal ramifications. The other is to get what is known as a “legal separation” which falls short of getting a full divorce but means that couples can spend time apart to either work things out or move on with their lives.

In most cases, the decision to remain legally separated boils down to money. But is opting for legal separation a good idea?

Legal Separation

The idea of a legal separation is to protect partners from each other’s financial decisions. After a trial period has ended, it often becomes necessary to formalize who takes ownership of which assets and also who is responsible for ongoing concerns like child care and support.

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People who don’t begin legal separation proceedings can run into trouble if they remain financially connected to their spouse. Estranged husbands and wives can often find themselves liable for their partner’s debts and other issues, even if they are not living together.

Marilyn Chinitz is a partner at a law firm. She suggests that each partner drafts a separation agreement for the purpose of limiting liability for any debts incurred by the other. If one partner does incur debts then creditors are legally permitted to try to recover their debts from the other partner, regardless of whether that particular partner made the decision to borrow or not. In the formal separation documents, it should be made clear who will pay for which outstanding debts, […]

1702, 2017

Strengthen Your Finances Even When You’re Broke

By |February 17th, 2017|Financial, XPC|Comments Off on Strengthen Your Finances Even When You’re Broke

When you’re broke, living paycheck to paycheck, it can feel like you’re on a never-ending treadmill or trying to climb out a pit of quicksand. You keep working hard but your situation never changes. If only you could realize there was a ladder just in reach. That’s what we’re going to look at, finding your ladder and pulling yourself out into a better financial position.

Photo by ActionPlanet

Start building that credit

One of the single best stepping stones you can use to build a better future for yourself is credit. Loans can help you acquire the assets that can give your net worth a boost in time, or even start a business to start making more money. If you can, start using credit sensibly to boost your score. A safe way to use credit cards is using it to make little purchases if you’re able to pay it off as soon as you use it.

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Do what you can to avoid late fees

Even if you don’t have a good score, you should be willing to use things like cash loans for bad credit in order to avoid falling behind on bills and other payments. When you’re living paycheck to paycheck, not only can you not afford another hit to your credit. You can’t afford to start falling down the spiral of late fees that can lead to a real debt crisis.

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Find what little extra you can

Everyone can budget some money aside, even when you’re flat out broke. All it requires is that you prioritize the budget first. Consider all your essential payments and look at what you have next. Take a portion of the remainder and start putting aside before you spend any money. […]

702, 2017

Knowledge That Will Help You Sell A Home In Any Area

By |February 7th, 2017|Financial, XPC|Comments Off on Knowledge That Will Help You Sell A Home In Any Area

Buying a house is a big investment, which means that a lot of buyers are going to be very picky when it comes to finding that dream home. This means that a lot of the effort in the relationship needs to come from the seller. It’s not enough to have a great house, you have to have the right knowledge to sell it as well. Here are a few things that it’s going to benefit you to know when thinking about how to sell the home.


Know the market

It’s important to get informed on just what the real estate market is looking like in your current circumstances. For one, you need to think about who is most likely to be buying from you in the first place. For instance, millennials are buying less, whilst young families are still some of the most likely to buy. Naturally, that depends on the area in which you’re trying to sell and the kind of property you’re selling as well. If you’re in an area with great access to schools, then you know you should be operating in the market aimed more at families. If you’re close to retail and industrial centers, then you know you should be aiming your efforts more at the people who work and would commute to those areas.

Know how to present

That knowledge is only as good as how you’re able to use it, of course. The best properties can fail on the market because the owner had no idea how to make it look like the attractive proposition that it is. For instance, you need to make sure you’re reaching the right people by advertising on a diverse range of the most popular listings. At […]

602, 2017

Taking The Fast Track To A New Home

By |February 6th, 2017|Financial, XPC|Comments Off on Taking The Fast Track To A New Home

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The modern world is all about speed. Nobody wants to have to wait for things, and most people are happy to leave big jobs until the last minute. Of course, this isn’t all based in choice. Nowadays, people are busier than ever. It’s hard for a lot of people to make sure that they have time to do most things. And, moving home is no exception. To help you out in this area, this post will give you an idea of what it takes to move house quick.

Finding your new home will have to be the first thing that you do. Obviously, finding a good home can take some work. So, it’s important to make sure that you choose something that suits your needs. Otherwise, you could end up having to move again very close down the line. If you make this mistake, it will make the fast move pointless from the start. So, it’s worth making sure that you’re choosing something that is appropriate for you and your family. Along with this, it also needs to be affordable. You will probably be using the money that you get from the old home to pay for the new one. So, you may have to get a bridging loan to make this work. Before you do this, though, you should check the value of your current house to make sure that you can afford the property you’re trying to buy.

Once you’ve chosen and sign off on a new home, you’re ready to sell your old one. The fastest way to do this is to skip market altogether and sell directly to a large company. Your house will then be renovated and modernized, before being sold […]

1801, 2017

Climbing Out of Debt: The Obstacles You’ll Face

By |January 18th, 2017|Financial, XPC|Comments Off on Climbing Out of Debt: The Obstacles You’ll Face

Debt is never any fun to deal with. In fact, it can really trap you if you’re not careful. And that’s why it’s so important to approach the task of clearing that debt in a methodical and sensible way. If you can do that, the challenge of climbing out of debt will be so much easier for you. However, you also need to be fully aware of some of the challenges you will face. You can learn about them below.

Confusion if You Have Multiple Debts

If you have more than one debt that needs to be paid, it can be hard to manage them. Which one do you pay first? And how do you stay on top of all those different deadlines? For people who are not great when it comes to organization, all this can quickly get out of their control. There are options open to people who want to manage multiple debts more effectively. They all have their upsides and downsides, however. For example, you could get a consolidation loan. This allows you to roll all your debts into one big debt. It’s good for managing your debt, but the interest rate won’t necessarily be good.

Debt Recovery

Another challenge you can face if you are struggling to pay back the people and companies you owe is debt recovery. This is when creditors take legal action to recover the money that is owed to them by a debtor like you. It can be stressful because you might have to handle bailiffs who threaten to take your possessions if you don’t pay what you owe. If you think that debt recovery proceedings shouldn’t go ahead, you can challenge the decision. Expert litigation solicitors with experience in dispute […]

1701, 2017

Credit Score Looking Sore? Heal It with These Tips!

By |January 17th, 2017|Financial, XPC|Comments Off on Credit Score Looking Sore? Heal It with These Tips!


People in uncomfortable financial situations know that the last thing they need is a bad credit score. It just makes everything feel that much heavier of a burden. It also makes it more difficult to actually escape the situation, depending on what solutions you need to explore.

We’re going to take a quick look at some of the things you should do to boost the quality of your credit score. And this isn’t just something that people with bad credit scores should be looking into. Everyone should be more invested in improving their credit score with this type of advice!

Get a credit card (if you don’t have one already)

Some may feel that this is slightly ridiculous advice. That’s because a lot of people associate credit cards with the sort of problems that cause bad credit scores! But if you use a credit card correctly, it can actually work to your advantage in big ways. What you’re doing when you use your credit card on small and affordable purchases is taking out a miniature loan. When you pay that off in a reasonable amount of time, that’s you paying off a loan. Now it seems pretty obvious how a credit card can help you! Just use it wisely and it can help your credit score shine.


Take out a personal loan

To many, this will seem like even crazier advice that the previous suggestion! And besides, aren’t people trying to improve their credit score so they can take out a loan eventually? This advice seems impractical, right? Not so fast. If you work with the right personal loans lender and make sure you pay the loan off on time, then even a small loan can help your credit report […]

1101, 2017

Game Changers: New Technologies That Are Changing the Way We Spend

By |January 11th, 2017|Financial, XPC|Comments Off on Game Changers: New Technologies That Are Changing the Way We Spend

Just a decade ago it was common for people to carry around stacks of money and coins with them to buy everything from groceries to expensive jewelry. Thanks to the clever bank folks and technology, we now have plastic cards that “hold” all of our money. Goodbye hefty wallets, hello minimalism. But the technology advances didn’t stop there. The trendy payment method that’s picking up traction now is NFC, or contactless.

Services like NFC Direct have been empowering businesses with contactless payment methods for the past couple of years, and they’re kickstarting a new revolution of payment methods that are sweeping the world. Not only is contactless technology built into our phones and plastic cards, but it’s also being stored into watches, bracelets, and other small belongings.

Image Source: Pexels

Amazon Go

One of the most incredible uses of contactless technology has to be Amazon’s new grocery store. Set to debut in early 2017 in Seattle, Amazon’s walk-in brick-and-mortar store will feature a futuristic method of payment. You can your phone as you walk into the store, grab a basket, pick up anything you want, then simply walk out. There are no cashiers, no tills and no physical money involved.

Businesses are always expanding their technology by following the latest trends, but Amazon is set to flip the market upside down with their unique take on the ideal shopping experience. Queues have, for a long time, been one of the major reasons why consumers have a hard time shopping. Being able to pick what you want and walk out does come with some rather important points, however.

For example, you can freely put what you don’t want back onto the shelves, but since you’re automatically charged as soon as you walk […]

1001, 2017

Break Free Of Your Financial Bind And Become A Better You

By |January 10th, 2017|Financial, XPC|Comments Off on Break Free Of Your Financial Bind And Become A Better You

So you’ve gotten yourself into a bit of financial trouble. It’s okay. It happens to the best. Millionaires and indeed Billionaires have gotten into trouble before, so there’s no problems with the same happening to you. First, try to relax. Panicking isn’t going to help anyone. You need to calmly assess your situation, and come up with a feasible plan to break free. Whether you were a target for fraud, or if you’ve just mismanaged your finances these tips can help.

Take A Consolidation Loan

It sounds crazy, doesn’t it? Taking more money to make a financial issue better? But, it can really work. If you owe money to many different streams your best and most viable option is to take a consolidation loan from a reputable source by where you pay everyone you owe and then owe your money to one source instead of multiple ones. It leaves you knowing where you are and stops various people and companies chasing you for money you simply don’t have. You can then repay the loan with structured monthly payments. If you don’t think you have the credit to get a loan you can go for a personal loan no credit check, which allows you to take a loan regardless. You need to be careful you don’t end up in a worse situation by taking more money than you actually need to get out of the issue.


Get Government Help

The government can help you if you’re facing huge debts with high interest. If you own a business you can apply or bankruptcy, which can help stave off debts. Or, if you’re an individual with debt problems you can apply for a debt relief order, which can stop certain collectors chasing […]

401, 2017

China Mulls The Unthinkable: Price Hikes – But Is The Threat Serious?

By |January 4th, 2017|Financial, World, XPC|Comments Off on China Mulls The Unthinkable: Price Hikes – But Is The Threat Serious?

What’s going on in China? Firstly the growth rate plummets from its multi-decadal average of more than 8 percent, and then its factories say that they’ve had enough of low prices and want to start pushing prices back up again.

According to Bloomberg, China is on the cusp of delivering a shock to the world’s financial market. For years it’s been undercutting its rivals by offering unparalleled low costs and cheap labor. But now, according to analysts, things are starting to change quite dramatically. Whereas once there was a seemingly relentless supply of cheap labor coming from Chinese rural migrants moving to the cities, this supply is finally drying up. Companies are actually having to compete on wages to attract Chinese migrants to fill the positions that they have to offer, thanks to increasing scarcity in the labor market.

Image Source – Wikimedia Commons

The ramifications for the global economy could be enormous. For the past two decades, China has meant that Western countries can consume just about as many cheap products they like, without having to pay inflated prices. But with this hike in wage rates, prices for Western consumers are going to go up.

Many media outlets are suggesting that this could be dangerous news for countries that rely heavily on Chinese imports, like Japan and the US. But should we take the threat seriously?

It seems likely that prices will go up slightly in the short term, but over the long haul, manufacturing prices are still coming down, dramatically.

Robots Replacing People

One of the things that we see already is the mass replacing of human factory workers with robotic surrogates. This isn’t the future: it’s already happening on a massive scale. Foxconn announced back in May that it […]

301, 2017

DIY Trading: How to Improve Your Trading Success and Increase Profits

By |January 3rd, 2017|Financial, XPC|Comments Off on DIY Trading: How to Improve Your Trading Success and Increase Profits

There’s something unique and special about trading. It’s a form of short-term investment that can last anywhere from 10 seconds to 10 hours. Day traders can experience money swings of several thousand in a couple of minutes, which is a far cry from long-term investments that can make good profits, but take forever until you see a return. In a way, it’s like gambling—you’re putting money on the line and within the next few minutes, you’ll find out whether or not you can make money back.

Day trading is not much different to gambling because, in comparison to long-term investments, short-term trades are hard to monitor. Anything can happen within a day, and there are more people losing money day trading than there are wealthy individuals. However, much like professional gambling, there is a specific set of skills that one needs to succeed at trading. There are poker players that manage to make six-figure sums on a yearly basis, and the same is possible as a trader.

This is why many people have turned to online trading to make a living. You can work from almost anywhere as long as you have the equipment, and to give you a rough idea on how to improve your trading success here are some essential tools and tips to help you along.

Security Concerns

Security is always a concern for computer users. A solid firewall program and antivirus are good investments if you want to have peace of mind when using your computer—but they won’t protect you from everything. The moment you join a community of traders or sign up for trading services, your email is vulnerable to getting spam emails that use a phishing scam to get your passwords and account […]